Where to buy cheap used cars

Financing and Insurance Considerations

While buying a used car can save you money upfront, consider the long-term costs such as financing and insurance. Used car loans often come with higher interest rates compared to new car loans, so shop around for the best rates. Additionally, insurance premiums can vary based on the car's age, make, and model, so it's wise to get quotes from multiple insurers before making a decision⁷.